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Fill in the blanks with appropriate word(s)

(a) Financial statements are the—————of information to interested parties.

(b) The owners of a company are called ———————

(c) For income measurement—————–basis of accounting is followed.

(d) The statement which shows the assets and liabilities of a company is known as—————-

(e) Profit and loss account is also called————-statement.

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(a) Basic sources

(b) Shareholders

(c) Accrual 

(d)  Balance sheet

(e) Income

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